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CNNE

CNNE - Cannae Holdings Inc Stock Price, Fair Value and News

17.08USD-0.51 (-2.90%)Market Closed

Market Summary

CNNE
USD17.08-0.51
Market Closed
-2.90%

CNNE Alerts

  • 1 major insider sales recently.
  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

CNNE Stock Price

View Fullscreen

CNNE RSI Chart

CNNE Valuation

Market Cap

1.1B

Price/Earnings (Trailing)

-2.64

Price/Sales (Trailing)

2.04

EV/EBITDA

-3.63

Price/Free Cashflow

-10.3

CNNE Price/Sales (Trailing)

CNNE Profitability

EBT Margin

-54.07%

Return on Equity

-17.82%

Return on Assets

-15.59%

Free Cashflow Yield

-9.71%

CNNE Fundamentals

CNNE Revenue

Revenue (TTM)

526.4M

Rev. Growth (Yr)

-28.26%

Rev. Growth (Qtr)

-7.21%

CNNE Earnings

Earnings (TTM)

-406.8M

Earnings Growth (Yr)

-2.1K%

Earnings Growth (Qtr)

-24.26%

Breaking Down CNNE Revenue

Last 7 days

-1.5%

Last 30 days

-18.3%

Last 90 days

-22.2%

Trailing 12 Months

-15.7%

How does CNNE drawdown profile look like?

CNNE Financial Health

Current Ratio

3.32

Debt/Equity

0.03

Debt/Cashflow

-1.34

CNNE Investor Care

Dividend Yield

0.49%

Dividend/Share (TTM)

0.1

Buy Backs (1Y)

17.93%

Diluted EPS (TTM)

-5.52

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024526.4M000
2023649.0M627.3M606.4M570.0M
2022737.7M709.8M688.3M662.1M
2021584.6M684.4M730.7M742.2M
2020289.2M370.4M466.0M585.7M
2019109.8M130.9M151.9M173.0M
20181.2B1.2B1.2B88.8M
20171.2B1.2B1.2B1.2B
2016001.3B1.2B
20150001.4B
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Tracking the Latest Insider Buys and Sells of Cannae Holdings Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 24, 2024
massey richard n
sold
-499,074
19.38
-25,752
-
Apr 17, 2024
massey richard n
sold
-588,900
19.63
-30,000
chief executive officer
Apr 10, 2024
massey richard n
sold
-1,030,000
20.6
-50,000
chief executive officer
Apr 09, 2024
massey richard n
sold
-1,041,060
20.8213
-50,000
chief executive officer
Apr 05, 2024
massey richard n
sold
-474,081
20.5675
-23,050
chief executive officer
Mar 29, 2024
meinhardt erika
acquired
16,880
22.24
759
-
Mar 29, 2024
ammerman douglas k
acquired
12,232
22.24
550
-
Mar 29, 2024
harris hugh r
acquired
15,790
22.24
710
-
Mar 29, 2024
martire frank r
acquired
25,020
22.24
1,125
-
Mar 19, 2024
gravelle michael l
acquired
-
-
11,292
executive vice president

1–10 of 50

Which funds bought or sold CNNE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
unchanged
-
-3.00
973
-%
Jun 04, 2024
DekaBank Deutsche Girozentrale
unchanged
-
15,000
132,000
-%
May 20, 2024
Virtu Financial LLC
new
-
454,000
454,000
0.04%
May 16, 2024
Ancora Advisors LLC
added
16.61
2,822,200
11,392,100
0.26%
May 16, 2024
COMERICA BANK
reduced
-48.8
-2,303,870
3,229,650
0.01%
May 16, 2024
JANE STREET GROUP, LLC
added
429
7,016,470
8,410,770
-%
May 16, 2024
Murchinson Ltd.
new
-
469,486
469,486
0.04%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-8.22
66,173
1,498,910
-%
May 16, 2024
EJF Capital LLC
new
-
3,213,680
3,213,680
2.23%
May 15, 2024
CITADEL ADVISORS LLC
reduced
-88.4
-1,491,350
227,226
-%

1–10 of 45

Are Funds Buying or Selling CNNE?

Are funds buying CNNE calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CNNE
No. of Funds

Unveiling Cannae Holdings Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 28, 2024
foley william p ii
6.6%
4,834,113
SC 13G
Feb 13, 2024
vanguard group inc
8.93%
6,315,775
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G/A
Feb 07, 2024
davenport & co llc
6.73%
4,758,233
SC 13G
Jan 30, 2024
river road asset management, llc
7.9%
5,589,766
SC 13G/A
Jan 24, 2024
blackrock inc.
9.3%
6,598,957
SC 13G/A
Apr 10, 2023
vanguard group inc
10.26%
7,825,101
SC 13G/A
Feb 13, 2023
fidelity national financial, inc.
0.0%
0
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
9.30%
7,253,671
SC 13G/A

Recent SEC filings of Cannae Holdings Inc

View All Filings
Date Filed Form Type Document
May 29, 2024
4
Insider Trading
May 24, 2024
144
Notice of Insider Sale Intent
May 24, 2024
DEFA14A
DEFA14A
May 10, 2024
DEFA14A
DEFA14A
May 10, 2024
SC 13D/A
13D - Major Acquisition
May 09, 2024
10-Q
Quarterly Report
May 09, 2024
13F-HR
Fund Holdings Report
May 09, 2024
8-K
Current Report
Apr 26, 2024
ARS
ARS
Apr 26, 2024
DEF 14A
DEF 14A

Peers (Alternatives to Cannae Holdings Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
182.7B
25.8B
-7.43% -13.36%
21.26
7.09
10.04% 25.03%
90.2B
36.5B
5.24% -21.41%
21.7
2.47
7.45% 16.97%
90.0B
10.2B
3.38% 59.64%
69.4
8.82
13.61% 25.56%
18.2B
4.5B
0.72% 60.21%
33.67
4.01
-0.24% 15.90%
17.8B
11.2B
-1.98% -10.84%
17.17
1.59
8.53% 9.08%
11.2B
4.8B
-0.68% 51.23%
32.87
2.34
13.73% 17.69%
MID-CAP
3.5B
1.1B
-13.46% 23.37%
145.13
3.13
18.35% 297.93%
SMALL-CAP
2.0B
3.5B
-3.83% 16.00%
18.87
0.58
2.64% 121.81%
1.6B
4.6B
-21.58% -28.72%
22.59
0.35
2.24% -38.66%
1.5B
2.1B
-11.00% -37.96%
20.7
0.73
1.73% -6.65%
1.1B
1.6B
2.32% -40.51%
9.24
0.65
0.14% -10.41%
817.9M
1.3B
-2.24% 10.84%
34.22
0.62
0.21% 292.03%
448.0M
459.3M
-6.00% -36.37%
14.83
0.98
5.77% 28.21%
54.1M
185.2M
-5.36% -17.81%
-7.46
0.29
-2.24% -199.86%
47.4M
181.9M
-7.74% -19.86%
11.81
0.26
9.56% -51.78%

Cannae Holdings Inc News

Latest updates
MarketBeat44 hours ago
Seeking Alpha09 May 202407:00 am

Cannae Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-7.2%110,700,000119,300,000143,600,000152,800,000154,300,000155,700,000164,500,000174,500,000167,400,000181,900,000186,000,000202,400,000171,900,000170,400,000139,700,000102,600,000173,000,00050,700,00044,100,00021,400,00056,800,000
Costs and Expenses5.1%151,300,000144,000,000195,500,000172,400,000177,000,000176,400,000185,800,000201,500,000243,000,000218,400,000210,800,000238,600,000207,900,000231,500,000168,100,000148,300,000226,300,000342,100,000278,500,000293,600,000273,400,000
Operating Expenses-------------------294,000,000309,600,000289,100,000
EBITDA Margin-59.9%-0.48-0.30-0.170.370.11-0.45-0.73-1.20-0.53-0.530.481.03---------
Interest Expenses-29.7%2,600,0003,700,0005,800,0004,000,0004,400,0003,700,0003,600,0002,600,0002,400,0002,900,0002,300,0002,500,0002,100,0002,600,0001,600,0001,000,0003,800,0003,400,0005,200,0005,500,0003,700,000
Income Taxes408.7%53,400,000-17,300,000-40,500,000-21,800,0002,600,00021,500,00017,000,000-66,500,000-61,900,000-26,600,000-34,700,00049,300,000-62,000,000145,600,00035,100,000131,100,000169,400,0008,000,00015,100,0007,100,000-6,000,000
Earnings Before Taxes-473.7%-49,700,00013,300,000-185,100,000-63,100,00027,800,00080,600,000150,100,000-223,100,000-343,200,000-124,500,000-194,600,000235,800,000-349,700,000617,700,000164,300,000539,700,000860,200,000123,000,00067,500,00049,600,000-2,200,000
EBT Margin-48.8%-0.54-0.36-0.230.310.05-0.51-0.79-1.25-0.58-0.580.420.98---------
Net Income-24.3%-89,900,000-72,350,000-157,300,000-87,200,000-4,100,000-48,500,00055,300,000-263,300,000-247,600,000-75,800,000-121,000,000176,400,000-233,100,0001,013,000,000131,900,000-6,400,000647,700,00024,500,00046,200,00023,400,000-16,800,000
Net Income Margin-37.2%-0.77-0.56-0.49-0.13-0.40-0.76-0.77-1.00-0.36-0.341.141.59---------
Free Cashflow-8.1%-36,000,000-33,300,000-28,600,000-23,600,000-28,400,000-27,000,000-62,500,000-103,200,000-47,200,000-43,200,000-83,100,000-81,900,000---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q32020Q22020Q12019Q42019Q32019Q2
Assets-2.9%2,6102,6874892,9963,1333,1263,1573,1883,4933,8904,1654,4404,3054,6131,4952,0003,7892,7052,0921,8941,852
  Current Assets89.3%33617774.0019031331142.0012976.0012249.0011113284410936.0087.00152631241165
    Cash Equivalents124.4%23810658.0011318524837110151.0086.00234271440725406-92344453415374.00
  Inventory---------------6.00-7.008.0016.0033.0033.00
  Net PPE-2.6%57.0059.0063.0079.0085.0088.0089.0092.0099.00101100103120146127-133138163156160
  Goodwill0%53.0053.0053.0053.0053.0053.0053.0053.0053.0053.0053.0053.0053.0053.0054.00-54.0054.0066.0077.0077.00
Liabilities-8.7%345378396414414411446482450549723898904828713638545585562619620
  Current Liabilities-5.9%1011082381281241232091872301808.001,66679.0020253.0026.0039.0041.00199185177
  Long Term Debt-24.5%77.0010310098.0010095.0096.0096.0014.0014.0022025.0046.0052.0037.00-64.0043.00120194195
    LT Debt, Current-24.0%2.003.003.005.002.002.0013.0011.002.002.007.0027.0014.0011.0033.00-6.006.007.007.006.00
    LT Debt, Non Current-24.5%77.0010310098.0010095.0096.0096.0014.0014.0022025.0046.0052.0037.00-64.0043.00120194195
Shareholder's Equity-1.8%2,2822,3252342,5822,7192,7151732,7063,0433,3411793,6343,5503,7853,272-3,1342,2051,5301,2751,232
  Retained Earnings-10.7%8059019661,1231,2111,2151,1871,1321,3951,6431,7521,8731,6971,9301,399-27.601,26779114411973.00
  Additional Paid-In Capital0.4%1,9851,9771,9661,9571,9461,9361,9241,9141,8941,8881,8841,8811,8781,8761,8728121,8681,4061,3971,1561,152
Shares Outstanding2.9%72.0070.0071.0073.0076.0076.0083.0085.0086.0090.0090.0091.00---------
Minority Interest-12.4%-17.20-15.3038.00-10.00-6.80-3.901073.004.006.001386.005.006.0012.00-16.0025.0041.0063.0067.00
Float----1,368---1,450---2,849----3,536---1,941
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-8.1%-36,000-33,300-19,900-14,900-19,700-18,300-53,800-94,500-38,500-34,500-74,400-73,2006,00077,000-109,600-47,000-34,300-45,100-14,600-30,5006,000
  Share Based Compensation240.0%3,4001,0001,0009006005003004003004007006007009001,1001,1001,1001,3001,4001,000900
Cashflow From Investing124.3%194,50086,70017,400-6,600-44,400-41,100360,600135,90065,800165,300-155,700800-282,800249,700-407,20052,00031,300265,70097,90094,000-481,800
Cashflow From Financing-398.1%-26,400-5,300-52,100-50,6001,200-64,000-36,3008,500-62,400-279,200189,000-96,100-4,100-7,900-473,400-86,400159,900-3,800-111,000274,000
  Buy Backs-100.0%-7,10051,00052,0003,10049,80033,90084,70061,10063,7008,50088,000---3,60010,8001,0003,900--
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CNNE Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:  
Total operating revenues$ 110.7$ 154.3
Operating expenses:  
Cost of restaurant revenue94.2131.6
Personnel costs23.215.6
Depreciation and amortization3.35.1
Other operating expenses30.624.7
Total operating expenses151.3177.0
Operating loss(40.6)(22.7)
Other income (expense):  
Interest, investment and other income2.12.8
Interest expense(2.6)(4.4)
Recognized (losses) gains, net(8.6)52.1
Total other (expense) income(9.1)50.5
(Loss) earnings before income taxes and equity in losses of unconsolidated affiliates(49.7)27.8
Income tax expense53.42.6
(Loss) earnings before equity in earnings (losses) of unconsolidated affiliates(103.1)25.2
Equity in earnings (losses) of unconsolidated affiliates11.3(32.1)
Net loss(91.8)(6.9)
Less: Net loss attributable to noncontrolling interests(1.9)(2.8)
Net loss attributable to Cannae Holdings, Inc. common shareholders$ (89.9)$ (4.1)
Basic  
Net loss per share (in usd per share)$ (1.27)$ (0.05)
Diluted  
Net loss per share (in usd per share)$ (1.27)$ (0.05)
Weighted Average Shares Outstanding  
Weighted average shares outstanding Cannae Holdings common stock, basic basis (in shares)70.876.1
Weighted average shares outstanding Cannae Holdings common stock, diluted basis (in shares)70.976.1
Restaurant revenue  
Revenues:  
Total operating revenues$ 106.5$ 148.5
Other operating revenue  
Revenues:  
Total operating revenues$ 4.2$ 5.8

CNNE Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 238.3$ 106.2
Short-term investments45.815.6
Other current assets26.229.5
Income taxes receivable25.326.0
Total current assets335.6177.3
Investments in unconsolidated affiliates1,678.31,718.8
Equity securities, at fair value152.7290.9
Lease assets141.3143.5
Property and equipment, net57.258.7
Goodwill53.453.4
Deferred tax asset29.082.0
Other intangible assets, net16.316.8
Other long-term investments and non-current assets146.0145.3
Total assets2,609.82,686.7
Current liabilities:  
Accounts payable and other accrued liabilities, current70.174.2
Lease liabilities, current13.913.9
Deferred revenue15.316.9
Notes payable, current1.92.5
Total current liabilities101.2107.5
Lease liabilities, long-term139.7142.2
Notes payable, long-term77.4102.5
Accounts payable and other accrued liabilities, long-term26.425.3
Total liabilities344.7377.5
Commitments and contingencies - see Note H
Equity:  
Cannae common stock, 0.0001 par value; authorized 115,000,000 shares as of March 31, 2024 and December 31, 2023; issued of 94,245,481 and 92,844,329 shares as of March 31, 2024 and December 31, 2023, respectively and outstanding of 72,441,834 and 70,367,088 shares as of March 31, 2024 and December 31, 2023, respectively0.00.0
Preferred stock, 0.0001 par value; authorized 10,000,000 shares; issued and outstanding, none as of March 31, 2024 and December 31, 20230.00.0
Retained earnings804.6901.3
Additional paid-in capital1,984.71,977.0
Less: Treasury stock, 21,803,647 and 22,477,241 shares as of March 31, 2024 and December 31, 2023, respectively, at cost(490.5)(533.9)
Accumulated other comprehensive loss(16.5)(19.9)
Total Cannae shareholders' equity2,282.32,324.5
Noncontrolling interests(17.2)(15.3)
Total equity2,265.12,309.2
Total liabilities and equity$ 2,609.8$ 2,686.7
CNNE
Cannae Holdings, Inc. is a principal investment firm. The firm primarily invests in restaurants, technology enabled healthcare services, financial services and more. It takes both minority and majority stakes. Cannae Holdings, Inc. was founded in 2014 and is based in Las Vegas, Nevada.
 CEO
 WEBSITEcannaeholdings.com
 INDUSTRYRestaurants
 EMPLOYEES11988

Cannae Holdings Inc Frequently Asked Questions


What is the ticker symbol for Cannae Holdings Inc? What does CNNE stand for in stocks?

CNNE is the stock ticker symbol of Cannae Holdings Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Cannae Holdings Inc (CNNE)?

As of Fri Jun 14 2024, market cap of Cannae Holdings Inc is 1.07 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CNNE stock?

You can check CNNE's fair value in chart for subscribers.

What is the fair value of CNNE stock?

You can check CNNE's fair value in chart for subscribers. The fair value of Cannae Holdings Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Cannae Holdings Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CNNE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Cannae Holdings Inc a good stock to buy?

The fair value guage provides a quick view whether CNNE is over valued or under valued. Whether Cannae Holdings Inc is cheap or expensive depends on the assumptions which impact Cannae Holdings Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CNNE.

What is Cannae Holdings Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jun 14 2024, CNNE's PE ratio (Price to Earnings) is -2.64 and Price to Sales (PS) ratio is 2.04. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CNNE PE ratio will change depending on the future growth rate expectations of investors.